VictorW9
Expert Alumni

Retirement tax questions

You should receive two tax forms. A 1099-R reporting the distribution and a form 5498 reporting that you made the rollover contribution. However, this rollover from an account funded with pre-tax dollars to an Roth account funded with after-tax dollars can trigger a tax liability. The TIAA 1099-R may have already withheld taxes and that's the 1099-R you should be using in your taxes.

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